China’s big banks cut deposit rates, signaling monetary easing ahead
BEIJING — China’s largest banks cut interest rates for savers on Thursday in a bid to boost growth in an…
Treasury Secretary Yellen says she wouldn’t be surprised to see more bank consolidation
WASHINGTON — Given the overall environment in the industry, it’s likely for some smaller banks to consolidate, Treasury Secretary Janet Yellen…
HSBC says rebranded Silicon Valley Bank UK will maintain startup focus while targeting global growth
Silicon Valley Bank UK will continue to serve startup businesses from “seed funding to IPO,” the chief executive of its…
Jamie Dimon, America’s top banker, has ‘no plans’ to run for office
JPMorgan Chase CEO Jamie Dimon has “no plans” to run for office, according to a statement from the bank Monday.…
IMF chief says there’s no significant slowdown in lending and the Fed may need to do more
The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the U.S. Federal…
Why wealthy Americans love UBS, the secretive Swiss banking giant
With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS…
Boss of Goldman-backed digital bank Starling to step down next month
The co-founder of Starling, one of the U.K.’s largest digital banks, is set to step down as CEO next month,…
JPMorgan Chase says Jeffrey Epstein paid tuition for kids of U.S. Virgin Islands governor
Sex offender Jeffrey Epstein paid school tuition for the children of then-governor of the U.S. Virgin Islands, whose wife made…
JPMorgan is developing a ChatGPT-like A.I. service that gives investment advice
JPMorgan Chase is developing a ChatGPT-like software service that leans on a disruptive form of artificial intelligence to select investments…
